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I dont think it's that level of job that determines which economy became dominant. The US had policies friendly towards huge capitalist projects and funding tha
by vikramkr 6y ago
I dont think it's that level of job that determines which economy became dominant. The US had policies friendly towards huge capitalist projects and funding that allowed for companies like facebook and google to form in the first place and reward immensely the people that took the risks to make that happen. You get as a result huge wealth inequality, but also huge concentration of international power since that's what you incentivized from the beginning. For the average worker its probably better to be in a country with worker protections, lower inequality, less concentrated power, etc. But that same system doesnt lend itself to creating multinational dominant corporations as powerful as many nation states